Paycoin is the native token of PayProtocol, a user-friendly cryptocurrency payment platform for both online and offline businesses. Developed on the Hyperledger Fabric private blockchain system, PayProtocol aims to simplify payment processes, reduce fees, and speed up settlement cycles. The protocol has attracted more than 3 million users and 130,000 merchants.
PayProtocol offers an Integration Tool that includes APIs, SDKs, and m-POS for online and offline merchants to connect different payment channels through a single solution. The Merchant Management System allows merchants to manage promotions, view transactions, and store details in smart contracts. Wallet functions and m-POS provided by PayProtocol are linked to the blockchain through Third Party APIs, allowing business partners to create new revenue streams. Also, PayProtocol supports various virtual assets, including Bitcoin and Ethereum, and offers additional financial services like loans and remittances. Paycoin (PCI) is the native utility token of the platform.
PCI has a total supply of 1,900,000,000 and the amount in circulation is not known.
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